Quotations
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Steve Fortuna Quotes
«We see Europe as an important market for Gateway with lower PC penetration rates and the potential for higher long-term growth rates in the consumer & small business markets than in the U.S..»
Author: Steve Fortuna
«All of our regular checks with companies and channel contacts continue to suggest that PC demand remains weak, especially in the U.S..»
Author: Steve Fortuna
«Despite some interesting announcements and a solid display of exciting technology, we don't walk away with the sense that the near-to-medium term prospects for the company are any brighter than previously thought.»
Author: Steve Fortuna
«Also, and very importantly, we think there is a high likelihood that management significantly lowers its earnings per share outlook during its analyst meeting this week, well below the current $1.28 Street consensus.»
Author: Steve Fortuna
«While we believe that most of the steps Gateway is taking are necessary and desirable, we do not think that the withdrawal from international markets, especially Europe, is in the company's best long-term interests.»
Author: Steve Fortuna
«We went out with a call and said that we'd be cautious about buying the stock in the low 30s, because there's another shoe to drop. And in fact, that shoe dropped last night. We now view the story as being relatively clean. And I think they now have a base upon which they can build for the long-term. It's important to understand that the opportunity set for Dell longer term really has not changed very much.»
Author: Steve Fortuna
«Our view is that Apple has had very good growth over the past couple of years, largely driven by upgrade cycle to its existing installed base.»
Author: Steve Fortuna
«does not appear to be particularly strong.»
Author: Steve Fortuna
«Apple has a lack of any real new products to drive strong year-over-year unit growth. Its existing products are getting stale.»
Author: Steve Fortuna
«Dell recently established a separate storage business... Dell has only been selling external storage for about two years, and it is already the number six player in the market, with roughly a $1 billion run rate.»
Author: Steve Fortuna